14-16 2nd Street, Lowell, MA 01850
14-16 2nd Street, Lowell, MA 01850
14-16 2nd Street, Lowell, MA 01850
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$1,650,000
Est. payment /mo
12 Beds
1 Bath
5,400 SqFt
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Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 5,400 sqft

Price per Sqft $305

MLS Listing ID 73598237

Bedrooms 12

Full Baths 1

Year Built 1880

Annual Tax Amount $14,368

Tax Year 2026

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property Description

RARE fully turnkey investment property with 6 fully de-leaded units with separated gas and electric utilities. With no driveway to plow in the winter or tenant utilities to pay for, operating expenses are manageable for this cash cow of a property. The property includes a list of recent updates including a newer roof, all new heating systems, updated plumbing, updated electrical, and a new sprinkler system installed in 2015. With 2 beds and 1 bath per unit, the property is poised for strong cash flow through stable and strong rents in these recently renovated units featuring updated bathrooms, kitchens, floors, and laundry hookups in the basement. This one is a strong buy and hold investment you won't want to miss!

Location

State MA

County Middlesex

Area Centralville

Zoning TMF

Direction Driving North on Bridge Street, turn right onto 2nd Street

Rooms

Basement Full, Concrete

Interior

Interior Features Living Room, Kitchen

Flooring Tile, Vinyl

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Community Features Public Transportation, Shopping, Park, Laundromat, Highway Access, Private School, Public School, T-Station, University

Utilities Available for Gas Range, for Electric Dryer, Washer Hookup

Roof Type Shingle

Garage No

Building

Lot Description Level

Story 5

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false


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MLSPIN
Listed by Keynova Group LLC
NEARBY SCHOOL & BUSINESS

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14-16 2nd Street

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